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Hwy 33 - DEVELOPMENT SITE IN WEST KELOWNA RUTHLAND

0.49 Acres of Commercial Land Offered at £2,203,469 in Kelowna, BC

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Executive Summary

This site currently has a development permit (DP) in hand for a 37,987 square foot, 5-storey mixed-use (Commercial/Residential) building with a Floor Space Ratio (FSR) of 2.0. The buyer has the opportunity to amend the FSR to 2.8 according to the new Official Community Plan (OCP) of Kelowna. The location is superb, being just minutes from UBC, the airport, and downtown, and within walking distance to all levels of transit, shops, and schools. All related documents are available upon the execution of a Non-Disclosure Agreement (NDA). For more details, please contact Jing Chen at 778-668-0555.

Property Facts

Price	£2,203,469	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Mixed Use Apartment Units
No. Lots	1	Total Lot Size	0.49 AC
Property Type	Land

Price	£2,203,469
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use Apartment Units
Total Lot Size	0.49 AC

1 Lot Available

Lot

Price	£2,203,469	Lot Size	0.49 AC
Price Per AC	£4,496,875

Price	£2,203,469
Price Per AC	£4,496,875
Lot Size	0.49 AC

Grand Central Realty is pleased to offer a prime 0.49-acre development site in the highly developing area of West Kelowna, located on HWY 33 E.

Description

Grand Central Realty is pleased to offer a prime 0.49-acre development site in the highly developing area of West Kelowna, located on HWY 33 E. This site currently has a development permit (DP) in hand for a 37,987 square foot, 5-storey mixed-use (Commercial/Residential) building with a Floor Space Ratio (FSR) of 2.0. The buyer has the opportunity to amend the FSR to 2.8 according to the new Official Community Plan (OCP) of Kelowna. The location is superb, being just minutes from UBC, the airport, and downtown, and within walking distance to all levels of transit, shops, and schools. All related documents are available upon the execution of a Non-Disclosure Agreement (NDA). For more details, please contact Jing Chen at 778-668-0555.

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